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   Business

Glencore-Xstrata in $90bn merger
Anglo-Swiss mining group Xstrata unveils a $90bn merger with commodity trader Glencore, a move opposed by some major shareholders.

Euro 'could survive Greece exit'
EU Commissioner Neelie Kroes piles pressure on Greece to agree tough reforms, saying a euro exit would be "no man overboard".

UBS profits down on weak business
Profits at Swiss bank UBS slump by three-quarters and the outlook remains tough as the eurozone crisis saps business.

BP ups dividend as profits rise
BP announces sharply higher profits and increases its dividend to shareholders for the first time since the 2010 Deepwater Horizon oil disaster.

India growth 'to fall below 7%'
India's economic growth is likely to dip below 7% for the 2011-12 financial year, new government statistics show.

Dutch car plant in '1-euro' offer
A Mitsubishi Motors boss offers to sell its Dutch factory for one euro, a day after the Japanese car-maker said it was halting production there.

Toyota increases profits forecast
Carmaker Toyota raises its profits forecast, saying its recovery is on track after the Japanese tsunami, Thai floods and the strong yen.

Loss at steel maker ArcelorMittal
Steel maker ArcelorMittal reports a loss for the final three months of last year, but forecasts better times ahead.

Tax deal brings out 2,000 evaders
Some 2,000 people from the UK with money invested in Liechtenstein have come forward after the tax haven was put under the spotlight.

Fall in German industrial output
Production at German factories recorded a surprise fall in December, figures show

Indian aviation rescue unveiled
India sets out plans to allow aviation firms to import jet fuel directly, part of a package to bolster the ailing air industry.

Citi to launch China credit cards
The Chinese unit of Citigroup wins approval to launch credit cards in China, the first non-Asian bank to do so.

Freeze prompts Europe emergencies
As freezing weather grips much of Europe, Italy takes steps to conserve gas while emergency situations have been declared in other countries.

Macquarie falls on profit warning
Macquarie Group, the largest investment bank in Australia, says it expects full year profits to drop 25% as a weak market hurts its business.

India miners face licence repeal
A panel appointed by India's Supreme Court recommends that the licences of as many as 49 iron ore miners should be cancelled.

China drives growth for KFC owner
The owner of restaurant brands KFC, Pizza Hut and Taco Bell reports another set of strong figures, helped by growth in China.

Brazil sells control of airports
The Brazilian government privatises operations at three airports as part of moves to upgrade transport links ahead of the World Cup.

Japan carmakers see US sales jump
Japanese carmakers report a jump in their US sales in January boosted by new models and the restoration of supply chains.

American Airlines cuts 13,000 jobs
The loss-making parent company of American Airlines says it will shed 13,000 jobs - around 15% of its workforce.

Profits surge at GlaxoSmithKline
UK drugmaker GlaxoSmithKline announces profits of £1.9bn for the three months to the end of December, up from a £193m loss a year previously.

Gas price rises as freeze bites
The price of gas increases sharply around Europe as below-freezing temperatures lead to a surge in demand.

Greek leaders pause bailout talks
Party leaders in Greece's ruling coalition end talks on details for a crucial 130bn-euro EU rescue plan without agreement.

Uganda signs oil production deal
Oil production is set to start in Uganda after a deal is signed between the government and London-based Tullow oil, which also draws in Chinese and French firms.

IMF warns of Iran oil shock risk
The International Monetary Fund warns of a possible 20-30% spike in oil prices if Iranian exports are disrupted.

South Sudan in oil pipeline deal
South Sudan agrees a deal with Kenya to build an pipeline to Lamu, potentially reducing its dependence on its northern neighbour Sudan to export its oil.

HTC profits up but outlook poor
Taiwan smartphone maker HTC reports a 57% jump in annual profits, but it predicts a downbeat start to trading this year.

Euro crisis 'could damage China'
A eurozone recession could almost halve Chinese growth this year, according to a report by the International Monetary Fund.

Hutchison to buy Orange Austria
Hong Kong's Hutchison 3G agrees to buy Orange Austria in a bid to expand it presence and boost market share in the country.

Redknapp tax trial jury sent home
The jury in the Harry Redknapp tax evasion trial is sent home for the day with deliberations to continue on Wednesday.

2012 venue naming rights for sale
The Olympic Park Legacy Company has launched a process to recruit sponsors of venues beyond London 2012.

Hearts face action over tax bill
Heart of Midlothian Football Club is given eight days by tax officials to pay an outstanding bill or face liquidation.

Viewpoint: The connected workforce
Google's Sebastien Marotte on the internet giant's predictions that the cloud, mobile and social media are going to radically alter the way we work

India's richest shrine goes green
India’s Tirupati Temple has adopted a range of green technologies - and the shrine is now trading carbon credits.

Threat landscape is 'constantly evolving'
Threat landscape is constantly evolving, says McAfee chief technology office.

People problems plague Gulf start-ups
Simon Atkinson explores the advantages and disadvantages faced by new companies setting up in the United Arab Emirates.

Giving an invasive water pest the bullet
The small firms working together to help to tackle one of the UK's most invasive species - the zebra mussel.

What drives US entrepreneurship?
What is the secret behind the high number of successful business start-ups in the US? We talk to three American business people.

Stores offer warranty concessions
Dixons, Comet and Argos have pledged to improve the way extended warranties for electrical goods are sold, the Office for Fair Trading says.

EMA replacement 'failing young'
A report suggests poor young students are dropping out of college because the government's bursary scheme is "inadequate".

Pension costs 'may rise faster'
The mortality rate in England and Wales improved in 2011, which could have a knock-on effect on pensions, actuaries say.

VIDEO: Thousands in Greece go on strike
Public transport and ports have ground to a halt in Greece as two of the country's largest public-sector unions strike in protest at continuing austerity.

VIDEO: Connecting the future of business travel
As almost any road warrior will tell you, wi-fi connectivity is becoming more and more important and necessary.

VIDEO: Merger will create mining giant
News of a merger between mining firm Xstrata and commodities trader Glencore has been met with a mixed reception by investors.

AUDIO: Europe must do 'real' business
Malaysia's former Prime Minister Mahathir bin Mohamad says Europe needs to produce 'real' goods and services, not rely on the financial sector

VIDEO: Perfect weather for ice wine makers
For Czech Republics ice wine makers freezing temperature is just right for harvesting grapes.

VIDEO: Sri Lankan concern over Iran oil
People in Sri Lanka are growing increasingly worried about the effect on their economy of US-led sanctions against Iran.

AUDIO: How did Canada weather the crisis?
The president of the Toronto Financial Services Alliance told Radio 5 live how Canada managed to avoid a state-bailout.

VIDEO: Eye-tracking helps advertisers
Developments in eye-tracking technology are helping advertisers predict what products will appeal to customers.

'Europe is poor so should cut the cloth accordingly'
Time to learn from Asia and cut the cloth accordingly says Mahathir Mohamed

Arab Spring hits India mango trade
Indias mango industry hit by Arab Spring

China loosens grip on yuan
Foreigners allowed to invest directly using yuan

What the Dickens is the author worth?
Valuing the author's brand, 200 years after his birth

Road warriors struggle to get connected
Road warriors struggle to get connected

Making money in war time
Making money in war time

Tales of woe from the roaming professionals
When working in a new country can prove unlucky


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